World - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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Beeswax market: download the most recent info powered by an Ai-driven business intelligence platform. Datasets provide production, market prices, trade, companies, exports, imports, market size, and consumption. Here is a split by country, including the Middle East, the U.S., Latin America, the U.K., Russia, EU, China, and Africa. Market insights and outlook to 2030 are also provided in the snapshots.
Beeswax - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | India |
| 2 | South Korea |
| 3 | Ethiopia |
| 4 | Argentina |
| 5 | Turkey |
In value terms, India led the market, alone. The second position in the ranking was occupied by South Korea. It was followed by Ethiopia.
In India, the beeswax market increased at an average annual rate of +7.1% over the period from 2019-2021. In the other countries, the average annual rates were as follows: South Korea (+1.9% per year) and Ethiopia (-3.0% per year).
Beeswax Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 4832 | 4634 | 2481 | -28.3% |
| United States | 4368 | 4482 | 4909 | 6.0% |
| Italy | 6299 | 7317 | 5737 | -4.6% |
| Tanzania | 8469 | 7980 | 8060 | -2.4% |
| Netherlands | 9064 | 15122 | 8252 | -4.6% |
| Vietnam | 10332 | 9382 | 9476 | -4.2% |
| Germany | 9802 | 9543 | 9603 | -1.0% |
| Average | 6288 | 6426 | 4564 | -14.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($9,603 per ton), while China ($2,481 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Japan | 9087 | 8677 | 8029 | -6.0% |
| Poland | 7578 | 8200 | 7729 | 1.0% |
| Italy | 7714 | 7617 | 7114 | -4.0% |
| United States | 6794 | 6933 | 6422 | -2.8% |
| Netherlands | 6412 | 6461 | 6392 | -0.2% |
| Spain | 6285 | 5145 | 6340 | 0.4% |
| United Kingdom | 7703 | 7792 | 5762 | -13.5% |
| Germany | 6743 | 5884 | 5660 | -8.4% |
| Algeria | 2310 | 2165 | 2255 | -1.2% |
| France | 4153 | 1645 | 2190 | -27.4% |
| India | 1692 | 1982 | 1764 | 2.1% |
| Benin | 2018 | 2018 | 616 | -44.8% |
| Uzbekistan | 2517 | 2531 | 218 | -70.6% |
| Average | 5863 | 4390 | 4641 | -11.0% |
Prices varied noticeably by the country of destination; the country with the highest price was Japan ($8,029 per ton), while Uzbekistan ($218 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.
Beeswax - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| million USD | ||||
| Germany | 26 | 29 | 29 | 5.4% |
| United States | 26 | 21 | 25 | -2.0% |
| France | 10 | 17 | 13 | 12.1% |
| Italy | 6.7 | 4.6 | 7.2 | 4.0% |
| Poland | 3.6 | 5.3 | 5.9 | 28.4% |
In value terms, Germany ($29M), the United States ($25M) and France ($13M) were the countries with the highest levels of imports in 2021, with a combined 46% share of global imports. Italy, Poland, Japan, Spain, the UK, India, the Netherlands, Algeria, Benin and Uzbekistan lagged somewhat behind, together comprising a further 26%.
India (+160.6% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Beeswax - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| million USD | ||||
| China | 47 | 42 | 48 | 1.3% |
| Germany | 18 | 20 | 19 | 3.1% |
| United States | 9 | 8.8 | 7.7 | -7.1% |
| Netherlands | 5.2 | 5.4 | 6.8 | 15.0% |
| Tanzania | 4 | 5.4 | 6.3 | 25.5% |
In value terms, China ($48M) remains the largest beeswax supplier worldwide, comprising 33% of global exports. The second position in the ranking was occupied by Germany ($19M), with a 13% share of global exports. It was followed by the United States, with a 5.3% share.
From 2019 to 2021, the average annual growth rate of value in China totaled +1.3%. In the other countries, the average annual rates were as follows: Germany (+3.1% per year) and the United States (-7.1% per year).
Beeswax - Market Forecast
Driven by rising demand for beeswax worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Beeswax - Top Companies
Henkel AG & Co. KGaA, The Clorox Company, S. C. Johnson & Son, Inc., Diversey, Inc., RECKITT BENCKISER SOUTH AFRICA (PTY) LTD, Versum Materials, Inc., Procter & Gamble Manufacturing GmbH, CH. KARNCHANG PUBLIC COMPANY LIMITED, NCH Corporation, Versum Materials Us, LLC, RECKITT BENCKISER PRODUCTION (POLAND) SP Z O O, S.C. JOHNSON & SON DE ARGENTINA S.A.I.C., KM Mahnke GmbH & Co. KG, Ecolab Co., Shantou Special Economic Zone Aimeishi Cosmetics Co., Ltd., SASOL WAX GMBH, The Clorox International Company, Gojo Industries, Inc., COLGATE-PALMOLIVE PTY LTD, Clorox Products Manufacturing Company
Beeswax - Product Coverage
- HS 152190 - Waxes, other than vegetable, n.e.s. in heading no. 1521; whether or not refined or coloured
This report provides an in-depth analysis of the global beeswax market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1183 - Beeswax
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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Global beeswax consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
8954
In 2015, the country with the largest volume of the beeswax output was India (X thousand tons), accounting for X% of global production.
1335
China dominates in the global beeswax trade. In 2014, China exported X thousand tons of beeswax totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total beeswax exports in value
621
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